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Hong Kong police "Operation谋攻" arrests 682 people, dismantles virtual currency money laundering gang with HKD 44 million seized
6m ago
Data: In the past 24 hours, the entire network has been liquidated by $758 million, with long positions liquidated by $550 million and short positions liquidated by $208 million.
6m ago
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Flare enables lending functionality by integrating with Morpho for its on-chain XRP-pegged asset FXRP
PANews February 3 News, according to CoinDesk, the blockchain network Flare has enabled lending functionality for its on-chain XRP-pegged asset FXRP through integration with the cross-chain lending protocol Morpho. This update aims to provide XRP holders with more decentralized finance options, allowing them to earn interest by depositing FXRP or use FXRP as collateral to borrow stablecoins and other assets. Currently, this feature is accessible via the standalone Mystic app, initially offering lending pools supported by FXRP, Flare’s native token FLR, and the stablecoin USDT0. Morpho’s market design isolates each lending asset pair to limit risk transmission.